Magic Eden is the largest NFT marketplace and Runes platform. Buy, sell and discover Ordinals and NFTs across Solana, Bitcoin, Ethereum, Base, Apechain, Polygon, Arbitrum, Sei, Monad, and Berachain.
Magic Eden Price Analysis
As of December 25 2024 Magic Eden has a marketcap of $414M.
This is {{percentagefromath}} from its all time high of $17.00.
In terms of its tokenomics, there's a total supply of 1B with 13% currently outstanding.
Keep in mind Magic Eden has a fully diluted value of $3.2B which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude